Chase Sapphire Reserve for Business℠ vs Costco Anywhere Visa® Business Card
Side-by-side comparison
| Chase Sapphire Reserve for Business℠ | Costco Anywhere Visa® Business Card | |
|---|---|---|
| Annual fee | $795 | $65 |
| Welcome offer | No current offer | |
| Advertising | 1% | 1% |
| Shipping | 1% | 1% |
| Office supplies | 1% | 1% |
| Phone & internet | 1% | 1% |
| Travel | 4% | 3% |
| Everything else | 1% | 1% |
| Est. yearly rewards* | $666 | $648 |
| Points type | Transfers to airlines & hotels | Cash back only |
| Network | Visa | Visa |
*Estimated yearly rewards on typical household spending, every point valued at a flat 1 cent. Verified August 2026. See your own numbers in the calculator.
Welcome bonus and value over time
| Over time | Chase Sapphire Reserve for Business℠ | Costco Anywhere Visa® Business Card |
|---|---|---|
| Welcome bonus | 200,000 Ultimate Rewards® Points | None |
| To earn it | $30,000 in 6 months | No minimum spend |
| Est. first-year value* | $2,271 | $583 |
| Est. ongoing value / yr* | $271 | $583 |
This one splits by time horizon. In year one the Chase Sapphire Reserve for Business℠ is ahead by roughly $1,688, thanks largely to its welcome offer. But the Costco Anywhere Visa® Business Card earns more every year after, so if you keep it, it overtakes the Chase Sapphire Reserve for Business℠ after about 6 years. Chasing the sign-up bonus and open to canceling before the second annual fee? Take the Chase Sapphire Reserve for Business℠. Planning to keep it for years? The Costco Anywhere Visa® Business Card pulls ahead.
*First-year value counts the welcome bonus, estimated rewards, and annual credits, minus the annual fee; ongoing value is a typical year after. Every point at a flat 1 cent.
Perks, credits, and redemptions
| Perks | Chase Sapphire Reserve for Business℠ | Costco Anywhere Visa® Business Card |
|---|---|---|
| Lounge access | Yes — Priority Pass, Sapphire Lounges | None |
| Annual credits | ~$400/yr (2 credits) | None |
| Points & redemptions | Transferable to airline & hotel partners | Cash back only |
On perks and redemptions, only the Chase Sapphire Reserve for Business℠ gets you into airport lounges; the Chase Sapphire Reserve for Business℠ carries the heavier credit stack (about $400 a year); the Chase Sapphire Reserve for Business℠ earns transferable points with a higher redemption ceiling, while the other is capped nearer a flat cent. Weigh those against the fee, since credits and lounge access only count if you will actually use them.
Transfer partners and point value
Only the Chase Sapphire Reserve for Business℠ earns transferable points. Its Chase Ultimate Rewards move to World of Hyatt, United, Air Canada, Southwest, and British Airways Avios, where a point can be worth several cents on a premium-cabin redemption, far above its cash value. The Costco Anywhere Visa® Business Card pays flat cash back, worth about a cent, so its ceiling is nearer a penny per point no matter how you redeem.
The verdict
On a typical year of business spending, the Chase Sapphire Reserve for Business℠ earns about $666 a year in rewards and the Costco Anywhere Visa® Business Card about $648, valuing every point at a flat 1 cent. The Chase Sapphire Reserve for Business℠ charges $795, but carries about $400 in annual statement credits that offset it for anyone who uses them. The Costco Anywhere Visa® Business Card charges $65, which you clear through its rewards and perks. Counting rewards, fees, and any credits, the Costco Anywhere Visa® Business Card delivers more total value, about $512 a year more for a typical spender, mostly because it skips the annual fee the other charges. The bigger difference is the ceiling: the Chase Sapphire Reserve for Business℠ earns points you can move to travel partners for outsized value, while the Costco Anywhere Visa® Business Card pays plain cash back. Favor the Chase Sapphire Reserve for Business℠ if you will use travel transfers, the Costco Anywhere Visa® Business Card if you want simplicity. On the sign-up bonus, the Chase Sapphire Reserve for Business℠ currently has the larger welcome offer (a limited-time offer above its usual amount, so treat it as a one-time boost). A welcome bonus is a one-time event, so weigh it apart from the ongoing rewards.
Pick the Chase Sapphire Reserve for Business℠ if your spending leans toward travel.